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Remuneration Committee
Setting the Stage
We advise remuneration committees on how to maximize their effectiveness within the standards of good governance. It’s all about laying the groundwork for what comes next.
Best Practices Start Here
Farient believes that a key role of incentive pay is to focus executives on those factors that will have the greatest impact on creating value for stakeholders. We believe remuneration programmes need to be both tailored to the company’s business strategy and consistent with best practice norms. Programme measures and goals should be transparent and readily explainable to shareholders and other stakeholders.
This service includes:
Issues prioritization
Diagnosis of issues to determine top strategic priorities.
Remuneration Committee calendar and agendas
Incorporation of priority issues into the annual planning calendar and placement of all committee topics in meetings throughout the year. Thorough preparation of meeting agendas with time allocations noted.
Executive Top Sheet™
A summary of pay philosophy, peer group, and programme design on one handy reference sheet.
Remuneration committee processes
Provide guidance on committee protocols, e.g., the need for prep meetings, executive sessions, the resources required, and other protocols.
Oversight of ESG priorities
Outline board oversight responsibilities of ESG and determine which ones should be “owned” by the remuneration committee.
We’re Here for You
Let us know how we can help you think differently about executive pay and how it aligns with performance.
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